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Finland Inflation Slows In May

Finland's consumer price inflation slowed in May after rising in the previous month, data from Statistics Finland showed on Friday.

The consumer price index climbed 1.2 percent year-on-year in May, after a 1.5 percent increase in April.

The rising of consumer prices from a year ago was curbed most by reductions in the prices of mobile phones, televisions, detached houses and international flights.

On a month-on-month basis, consumer prices fell 0.2 percent in May.

EU harmonized inflation was 1.3 percent in May. The corresponding figure for euro area was 1.2 percent.

On a monthly basis, the harmonized index of consumer prices declined 0.2 percent in May.

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